Fund Allocation and Budget Utilization Rate in Relation to SUC Leveling Performance

Abstract

In the academe, the realization of desired educational goals and objectives counts largely on the effective planning and management of school funds by the school administrators. The amount of funds allocated to schools by the government and the budget utilization rate of the recipient are some factors to be considered in meeting the programs, projects, and activities. This study aimed to determine the fund allocation and Budget Utilization Rate (BUR) in relation to SUC leveling performance among technological State Universities and Colleges (SUCs) of Region VIII in terms of Personal Services (PS), Maintenance and Other Operating Expenses (MOOE), and Capital Outlay (CO). The respondents were budget and planning officers in each SUC. Descriptive-evaluative research was utilized in this study since it assessed or examined the level of fund allocation and budget utilization rate in relation to SUC leveling performance. Percentage and mean were used to analyze the pertinent data, and coefficient correlation was applied to establish the significant relationships among the variables. Findings revealed that the bigger fund allocation with a correspondingly high budget utilization rate gave favorable SUC leveling performance. It is suggested to incorporate a conceptual model that links Information and Communications Technology (ICT) that accounts for budget allocation and utilization in future studies.